401(k) · DOL Form 5500 · 2023
Northrop Grumman Corporation 401(k) Plan
Data updated 2026-08-11
- $489M
- Total assets
- 916
- Participants
- 97th
- Percentile by assets
- $533,860
- Avg per participant
Official DOL plan name: Ng Financial Security and Savings Program · Sponsored by Northrop Grumman Corporation · Virginia · Manufacturing
$489M in assets, 916 participants
Northrop Grumman Corporation's Ng Financial Security and Savings Program reported $489M in total assets and 916 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 97th percentile by assets (of 127,072 plans)
- #17,915 in Manufacturing (18,722 peers)
Where Ng Financial Security and Savings Program sits by assets
Ng Financial Security and Savings Program sits in the top 5% of all filed plans by assets, $489M for 916 participants (~$533,860/participant), up 2.2% in 2023.
- $489M
- total plan assets (2023 EOY)
- 916
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $533,860
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Ng Financial Security and Savings Program reported net income rose from -$119M in the plan year 2022 filing to $16M in the plan year 2023 filing.
- Ng Financial Security and Savings Program reported participants fell from 1,003 in the plan year 2022 filing to 916 in the plan year 2023 filing.
- Ng Financial Security and Savings Program end-of-year assets rose from $478M in the plan year 2022 filing to $489M in the plan year 2023 filing.
Ng Financial Security and Savings Program vs the 2023 asset distribution
By assets, Ng Financial Security and Savings Program outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $478M |
|---|---|
| Net Assets (End of Year) | $489M |
| Net Income | $16M |
| Employer EIN | 800640649 |
| Plan Effective Date | 1984-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Northrop Grumman Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 8 | 119,474 | $62.8B |
| 2023 | 8 | 122,852 | $67.7B |
| 2024 | 8 | 127,891 | $70.6B |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Ng Financial Security and Savings Program vs. nearby 401(k) plans in Virginia, assets vs. participants
- Northrop Grumman Savings Plan $36.2B · 97,987
- 401(k) Pension Plan $15.0B · 62,467
- General Dynamics Corporation 401(k) Plan 6.0 $11.2B · 48,860
- Leidos, Inc. Retirement Plan $10.6B · 27,043
- Bae Systems Employees' Savings and Investment Plan $9.4B · 31,681
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Ng Financial Security and Savings Program by total assets, not by location.
- Hydro Extrusion USA, LLC Savings Plan (IL) $489M · 5,924
- Sulzer Employee Savings Plan (TX) $489M · 1,905
- Sephora Retirement Plan (CA) $490M · 20,769
- Engie 401(k) Plan (TX) $488M · 3,236
Frequently Asked Questions
How did Ng Financial Security and Savings Program assets move in 2023? ▼
How have Northrop Grumman Corporation plan assets changed over time? ▼
Where does Ng Financial Security and Savings Program rank by assets among Form 5500 filers? ▼
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Next read for Ng Financial Security and Savings Progra…
Scale reading
Ways to act on Ng Financial Security and Savings Program's numbers.
- By total assets, Ng Financial Security and Savings Program ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
- Northrop Grumman Corporation's sponsor-wide assets have grown 12.4% since 2022 across 3 plan years on file. More Manufacturing plans